Fladgate has acted for AIM listed recruiter Hydrogen Group PLC on its acquisition of the Argyll Scott Group for £3.3m in Hydrogen shares, representing 27.4% of the enlarged share capital. The objective of the acquisition is to create a multi-brand recruitment group, able to deliver a service across multiple functions, industries and countries. The acquisition has created a global group with 350 staff.
Corporate partner Ian Brent acted for Hydrogen, having acted for Hydrogen when they originally listed on AIM in 2006. Ian specialises in advising recruitment companies. Associate Gemma Grunewald provided tax advice.
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